Statute · New York Public Authorities Law

N.Y. Pub. Auth. Law § 888 — Interest in claims and contracts prohibited

N.Y. Pub. Auth. Law § 888

Type
Statute
Source
New York Public Authorities Law
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

§ 888. Interest in claims and contracts prohibited. No member, officer, agent or employee of the authority shall be interested, directly or indirectly, in any claim against or contract with the authority except for lawful compensation and reimbursement for actual and necessary expenses incurred…

Citator

N.Y. Pub. Auth. Law § 888 — Interest in claims and contracts prohibited is in force in the current edition of the Code, and nothing recorded condemns it.

§ 888. Interest in claims and contracts prohibited. No member, officer, agent or employee of the authority shall be interested, directly or indirectly, in any claim against or contract with the authority except for lawful compensation and reimbursement for actual and necessary expenses incurred in the performance of official duties; provided that any such member, officer, agent or employee may, as a grower or dealer, lease from the authority a stall, store or other facility upon a market and may engage in such transactions with the authority as are reasonably and ordinarily incidental to such leasing.